Yann LeCun’s AMI Labs raises $1.03 billion to build world models
AMI Labs, the new venture cofounded by Turing Prize winner Yann LeCun after he left Meta, has raised $1.03 billion at a $3.5 billion pre-money valuation.
Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation
Nvidia-backed British AI infrastructure startup Nscale has raised another megaround of $2 billion.
Quantum scale-up Pasqal plans $2B SPAC listing, promises to ‘remain French’
A SPAC deal that is set to take French quantum company Pasqal public on the Nasdaq values the company at $2 billion pre-money.
Spanish ‘soonicorn’ Multiverse Computing releases free compressed AI model
Spanish startup Multiverse Computing has released a new version of its HyperNova 60B model on Hugging Face that, it says, bests Mistral’s model.
Ukraine’s startups keep building
In the four years since Russia’s full-scale invasion of their country, Ukrainian startups have done more than survive: they are still building and growing.
Finnish quantum unicorn IQM set to go public
Finnish unicorn IQM plans to go public via a special purpose acquisition company (SPAC) valuing the company at approximately $1.8 billion — joining the growing cohort of quantum computing companies listed on U.S. stock markets.
Quantonation’s double-sized second fund shows quantum still has believers
Quantonation Ventures, a venture firm investing in quantum and physics-based startups, has closed its oversubscribed second fund at €220 million, or approximately $260 million. That’s more than twice the size of its inaugural fund, and…
Mistral AI buys Koyeb in first acquisition to back its cloud ambitions
Mistral AI has agreed to buy Koyeb, a Paris-based startup that simplifies AI app deployment at scale and manages the infrastructure behind it.
Have money, will travel: a16z’s hunt for the next European unicorn
According to a16z, it has eyes around the world in order to spot companies as early as local funds might.
Mundi Ventures closes on €750M for Kembara, its largest deep tech and climate fund
Spain-based deeptech and climate megafund Kembara has just completed a €750 million first close toward its €1 billion target.